Blackstone and Carlyle to Jointly Host Third Annual Veterans Initiative Summit

The private equity industry collectively represents hundreds of companies and millions of employees across the country, providing a platform for significant impact on U.S. veteran hiring. We are proud of this continued partnership, and believe it can be a model for other industries as we collectively strive to improve the veteran employment picture, " said Stephen A. Schwarzman, Blackstone's Chairman, CEO, and Co-Founder.

Willis Tower in Chicago prepares for a $500M face-lift

Willis Tower in Chicago is preparing for a $500 million face-lift under an ambitious plan Mayor Rahm Emanuel supports. The renovations call for six levels of entertainment, restaurant and retail space, which could become an attraction for thousands of building employees and 1.7 million yearly visitors drawn to the observation deck on the 103rd floor.

Canada-U.S. trade not broken so no need for Trump to fix it: Freeland

But Canada's trade minister says the world-leading trade relationship between Canada and the United States need not be on the president-elect's to-do list. "I think the reality is the trading relationship with Canada is the farthest possible thing from being broken.

Triangle’s tech links to President-elect Trump: Blackstone, IBM

The Research Triangle will have the ear of President-elect Donald Trump through two major connections: The Blackstone Group and IBM. Trump, who will be back in North Carolina on Tuesday for a "thank you" event in Fayetteville, is going to seek advice from two major tech leaders with RTP links through an advisory group he announced on Friday.

Anbang’s bid to buy landmark US hotel near naval base called off due to security concerns

A deal by China's Anbang Insurance Group Co to purchase a landmark Southern California hotel near a major naval base from Blackstone Group LP was called off following opposition from US national security officials, according to people with knowledge of the decision. Blackstone ended the sale of the Hotel del Coronado near San Diego, worth an estimated US$1 billion, after concerns were raised by the Committee on Foreign Investment in the United States , according to the people, who asked not to be identified because the sale process was private.